Sector Update: Health Care Stocks Lean Higher Pre-Bell Friday

MT Newswires Live

2025/01/03

Health care stocks were leaning higher premarket Friday, with The Health Care Select Sector SPDR Fund (XLV) up 0.1% and the iShares Biotechnology ETF (IBB) flat.

Lifecore Biomedical (LFCR) shares were up 3.4% pre-bell Friday after it reported late Thursday higher revenue for fiscal Q2.

Pennant Group (PNTG) said it closed the purchase of certain Signature Healthcare at Home assets in Oregon, and appointed Brent Guerisoli as chairman. The company's shares rose 0.9%.

Cencora (COR) completed the acquisition of Retina Consultants of America for $4.4 billion in cash, subject to a customary post-closing price adjustment. Cencora shares were up 0.1%.

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